Template:M summ EFET Allowance Annex 14.5: Difference between revisions
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Amwelladmin (talk | contribs) Created page with "It is a regrettable fact that EFET’s Carbon Squad chose for its WHT clause the exact label that the other emissions master documents use for the Transaction parties themselves: {{efetaprov|Receiving Party}} in the EFET is ''not'' the same as {{euaprov|Receiving Party}} in the {{emissionsannex}} or {{ietaprov|Receiving Party}} in the {{ietama}}." |
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It is a regrettable fact that EFET’s [[Carbon Squad]] chose for its WHT clause the exact label that the other emissions master documents use for the Transaction parties themselves: {{efetaprov|Receiving Party}} in the EFET is ''not'' the same as {{euaprov|Receiving Party}} in the {{emissionsannex}} or {{ietaprov|Receiving Party}} in the {{ietama}}. | It is a regrettable fact that EFET’s [[Carbon Squad]] chose for its WHT clause the exact label that the other emissions master documents use for the Transaction parties themselves: “{{efetaprov|Receiving Party}”} in the EFET — the person who receives a ''payment'' over which there is some tax consequence — is ''not'' the same as {{euaprov|Receiving Party}} in the {{emissionsannex}} or {{ietaprov|Receiving Party}} in the {{ietama}} — the person who is delivered allowances. That person, in the {{efetma}}, is the {{efetaprov|Buyer}}. | ||
Revision as of 13:30, 13 September 2023
It is a regrettable fact that EFET’s Carbon Squad chose for its WHT clause the exact label that the other emissions master documents use for the Transaction parties themselves: “{{efetaprov|Receiving Party}”} in the EFET — the person who receives a payment over which there is some tax consequence — is not the same as Receiving Party in the ISDA EU Emissions Annex or Receiving Party in the IETA Master Agreement — the person who is delivered allowances. That person, in the EFET Master Agreement, is the Buyer.